Nissan and Reliant Energy Partner to Advance Zero-Emission Mobility in the United States

November 14, 2009 – Vol.14 No.34

Nissan and Reliant Energy Partner to Advance Zero-Emission Mobility in the United States.

The announcement of the agreement helps pave the way for the 2010 introduction of Nissan LEAF, the industry's first all-electric, zero-emission car designed for the mass market. The company expects to begin sales in late 2010. Reliant is a subsidiary of NRG Energy, one of the largest electricity generators in the United States.

"The Renault-Nissan Alliance has committed to becoming a global leader in zero emissions," said Nissan President and CEO Carlos Ghosn, who also is chairman and CEO of Renault. "Together, Nissan and Reliant Energy share the vision that electric vehicles offer the best solution to reducing CO2 emissions. The Nissan LEAF is the only all-electric, zero-emission vehicle that will be available to drivers on a mass-market scale and at an affordable price."

As part of the agreement, Nissan and Reliant Energy will develop plans to promote a charging infrastructure for electric cars that encourages home and workplace charging, as well as a public charging infrastructure. The companies will work to coordinate the establishment of policies and help streamline charging infrastructure deployment. Nissan also has agreed to make available a supply of electric vehicles to Reliant and in its areas of operation.

Nissan, along with alliance partner Renault, is the only automaker committed to making all-electric vehicles available to the mass market on a global scale. Through the Nissan LEAF Zero-Emission Tour, Nissan will be showcasing the electric vehicle and battery technology as well as the company's zero-emission mobility objectives. Nissan is also furthering the development of an electric-vehicle infrastructure through agreements with the State of Tennessee, the State of Oregon, Sonoma County, San Diego, Phoenix, Tucson, Washington D.C., Seattle, Raleigh, Vancouver, and Mexico City. (11/13/09)

Links:

Nissan LEAF
http://www.nissanusa.com/leaf-electric-car

Reliant Energy
http://www.reliant.com

--- PSE Joins The Electric Vehicle Project.

--- Nissan Unveils 'LEAF' Electric Vehicle: Designed for Affordability and the Real-World.

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No